Background
Richard Fagan was born in Britain, around 1972.
Richard Fagan was born in Britain, around 1972.
He worked for a family motor repair chain before moving to Gibraltar around 2007 where he began a career in investment funds. In 2011, Fagan started the Kijani Commodity Fund, which pitched investments to small commodity producers. The fund managed more than $130 million in assets and was seized by Cayman Island regulators in June 2015.
He is a shareholder in Kijani Resources Limited.
According to the Wall Street Journal, Fagan has not been accused of any wrongdoing by regulators. He is the beneficial owner of ALF Capital Management Limited.
Fagan is captain of the Irish international polo team Now named Silex Team Ireland and funded by Fagan, the team has competed in the Land Rover International Tournament and the XXXVI José Ignacio Domecq Memorial tournament at Santa María Club.
Silex Systems is an Australian firm in the uranium enrichment business.
In 2012, Fagan bought a 116-foot superyacht named Ratio which sleeps around 15 people.